PROGRESS ON THE LICENSING ROUND FOR PETROLEUM EXPLORATION, DEVELOPMENT AND PRODUCTION IN UGANDA

Government of Uganda (GOU) through the Ministry of Energy and Mineral Development has on 1st October 2015 issued the bidding document to the 16 Qualified Applicants (companies which were successful following the evaluation of applications from 19 companies that had applied in the Request for Qualification stage).

Dr. F.A Kabagambe-Kaliisa, Permanent Secretary of the Ministry of Energy & Mineral Development (MEMD), said the issuance of the bid document marks the commencement of the Request for Proposal stage which entails bidding and competitive process of the licensing round.The bidding and competitive process will close on 15th January 2016 with submission of bids.

The Permanent Secretary further said that Government will proceed to evaluate the bids, negotiate with successful bidders, sign Production Sharing Agreements and award exploration, development and production licenses thus marking the end of the licensing round..

Government of Uganda issues bid document under the licensing round for petroleum exploration, development and production blocks in Uganda

PROGRESS ON THE LICENSING ROUND FOR PETROLEUM EXPLORATION, DEVELOPMENT AND PRODUCTION IN UGANDA

Government of Uganda (GOU) through the Ministry of Energy and Mineral Development has on 1st October 2015 issued the bidding document to the 16 Qualified Applicants (companies which were successful following the evaluation of applications from 19 companies that had applied in the Request for Qualification stage).

Dr. F.A Kabagambe-Kaliisa, Permanent Secretary of the Ministry of Energy & Mineral Development (MEMD), said the issuance of the bid document marks the commencement of the Request for Proposal stage which entails bidding and competitive process of the licensing round.The bidding and competitive process will close on 15th January 2016 with submission of bids.

The Permanent Secretary further said that Government will proceed to evaluate the bids, negotiate with successful bidders, sign Production Sharing Agreements and award exploration, development and production licenses thus marking the end of the licensing round..